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Multifamily in Naranja, FL 33032Naranja Lakes, 14840 Naranja Lakes Blvd
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OFF MARKET
Beds
1,075
SqFt$146
$/SqFtMultifamily
Built in 1974
$499/mo HOA
Fourplex
EXCLUSIVE SALE: An exceptional investment opportunity of 14 condo units in a complex of 240 units. These units offer a prime location combined with a strong rental market. Each condo has 1,075 sq. ft., featuring 2 beds and 1.5 bathrooms All units are rented, ensuring immediate cash flow. The price per unit is $157,143. The median market rent for similar units in the area is $2,100. The current gross rent is $250,800 with a potential annual rent of $352,800. Minimum purchase is 5 units. The seller is open to seller financing with favorable terms: 50% down and 7% interest-only for the first 3 years. Impact windows in each unit, new roof, and recent exterior paintwork have been paid for through a previous assessment. Don't miss this rare opportunity to acquire an income-generating portfolio.
MLS Number: A11628895
On Site: 783 Days
Updated: 774 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Carpet
- Year Built: 1974
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-07-25T11:21:35.000-00:00
Taxes, Fees & More
- Taxes: 1613
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
07/25/2024
Listed
$157K
$146 ft2
$1,573 m2
07/25/2024
$157K
Event
Listed
Price Per
$146 ft2
$1,573 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ricky Kallabat • Keller Williams Capital Realty • Buyer Agency Compensation .
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Scores
48
100
48
100
75
100
0
100
33
100
1
100
Community Snapshot
2 – 4 BR
Bedrooms
$146K – $340K
Price Tier
1,075 - 3,312
SqFt Range
1974
Year Build
4
Total Floors
Subdivision Amenities
Elevators
Laundry
None
Trash
Naranja Entry-Level Entry-Level Homes & Condos
- Cedars Woods Homes Townhouse1
- Cutler Landings House0
- Madison Point Apartments Condo0
- Mandarin Lakes Townhouse2
- Modern Towers Condo0
- Naranja Lakes Condo7
- Paradise Gardens Townhouse2
- Pineapple Trace Townhouse0
- Riverside At Biscayne National Park Townhouse0
- The Avenue At Naranja Condo0
- The Heights At Coral Town Park Condo0
- The Landings At Coral Town Park Condo0
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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